Read the case below and identify the component of the fraud triangle that DID NOT result in the fraud. Was it the victim's attitudes or rationalisation? Did the perpetrators take advantage of an opportunity? Were the victims lured in by incentives or pressured? Scammers are pretending to be children in need of financial help as part of a new messaging scam targeting parents, authorities have warned.Key points:The scammers invent emergencies to encourage payment, such as needing a new phone or paying an urgent billDetectives have identified at least 25 victims of the scam this yearPolice say these sorts of scams are often under-reportedAt least 25 victims of the scam, which originated in Europe, have been detected in Victoria this year.The victims typically receive a WhatsApp or text message from an unknown number impersonating their child.According to police, messages often say something along the lines of "Hi mum, I've changed provider/lost/broken my phone – I'm temporarily using this number for now."The offenders eventually request money from the victim, usually using some kind of emergency as their justification for needing the funds.Most of the offenders are based overseas and are not known to the victims. Question is adapted from this news story - https://www.abc.net.au/news/2022-08-12/hi-mum-messaging-scam-targeting-parents/101326776 Links to an external site.- students do not need to read the story to answer the questionGroup of answer choicesIncentive or pressureFraudsters took advantage of all componentsAttitude or rationalisationOpportunity to commit fraud

Question 3With regard to predatory fraudsters, which of thefollowing statements is correct?1 pointThe fundamental premise of the Fraud Triangle suggests that when an ordinaryperson, or predatory fraudster, commits fraud, all three of the legs of thetriangle must be present.Predators spend their time and energy looking for opportunities tocommit fraud.The fundamental premise of the Fraud Triangle suggeststhat when an ordinary person, or accidental fraudster, commits fraud, all threeof the legs of the triangle must be present.Predatory fraudsters are good at creating elaborate excuses orrationalizations for their conduct.

From an investigatory perspective, the shortcoming ofthe fraud triangle is as follows:1 pointThe fraud triangle doesn’t help the investigatorunderstand the motivations of the fraudster.The fraud triangle doesn’t help the investigator understand why thefraudster committed fraud.Pressure and rationalization are generally notobservable.The fraud triangle is as important to an investigation as any othertool

Which of the following best describes a scam?A dishonest scheme or a fraudA suspicious transaction usually found onlinePeople pretending to be someone else to swindle others of moneyPhysical theft or a burglary

Unfortunately, there are unscrupulous people who prey on the generosity of others to scam money. What are the signs that might indicate fraud? Group of answer choicesrequests for cash or wire transferslack of detailed information about a charity and its use of fundsa name resembling a reputable organizationpressure to donate immediatelyAll of these are red flags.

Which of the following is not one of the components of the fraud triangle?Multiple choice question.DishonestyRationalizationOpportunityPressure